NOT LISTED FOR SALE

Estimated Value: $593,000 - $819,000

4 Beds
2 Baths
1,232 Sq Ft
$549/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $259,000 $210 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $3,862/month

13 Days on Market

About This Home

As of July 2015

2 units in need of TLC. 2 bed 1 bath each. Corner Property. Vacant area west of the property is part of the property. Physical Address is 3505-3507 Trinity Street. Tons of Potential. 4890 Square Foot Lot. Zoned LAR2. Great opportunity for investment and Development. Bottom unit is occupied.

Close to Freeways and Transportation. Close to Downtown LA.

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 06/17/2015

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Carlos Estrada

Liberty Investment Group License #01413560

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,915 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 1,232 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 286
  • Assessor Parcel Number 5120014020

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,125
  • Gross Income $2,400
  • Net Operating Income $22,025

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 5120014020
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 210.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4915.00
  • Price Per Lot Square Foot: 52.70
  • Lot Size Acres: 0.1130

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 4915.0000 Square Feet
  • Net Operating Income: 22025.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6775.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3125.00
  • Tax Lot: 286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Rlc Holdings Corp
Bought by
Rlc Holdings Corp
Current Estimated Value
$676,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$358,252
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$318,510

Purchase Details

Closed on
Nov 18, 2015
Sold by
Rlc Holdings Corp
Bought by
Rlc Holdings Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,400
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 15, 2015
Sold by
Zimmer Jeri L
Bought by
Zimmer Jeri Lynn
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$250,000
Sold Price
$259,000
Premium/Discount to List
$9,000
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 6, 2015
Sold by
Farb Marshall
Bought by
Farb Jayne
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$250,000
Sold Price
$259,000
Premium/Discount to List
$9,000
3.6%

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 2, 2015
Sold by
Zimmer Jeri Lynn
Bought by
Rlc Holdings Corp
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Carlos Estrada
Liberty Investment Group
List Price
$250,000
Sold Price
$259,000
Premium/Discount to List
$9,000
3.6%

Purchase Details

Closed on
May 7, 2015
Sold by
Zimmer Jeri Lynn
Bought by
Zimmer Jeri L and The Jeri L Zimmer Trust

Purchase Details

Closed on
Jan 25, 2002
Sold by
Goldberg Nancy
Bought by
Goldberg Jay M

Purchase Details

Closed on
Mar 5, 1996
Sold by
Goldberg Jay M and Goldberg Nancy
Bought by
Goldberg Jay M

Purchase Details

Closed on
Sep 25, 1995
Sold by
Goldberg Jay M
Bought by
Goldberg Jay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rlc Holdings Corp -- Wfg National Title
Rlc Holdings Corp -- Wfg National Title Company
Zimmer Jeri Lynn -- Chicago Title
Farb Jayne -- Chicago Title
Rlc Holdings Corp $259,000 Chicago Title
Zimmer Jeri L -- None Available
Zimmer Jeri Lynn -- None Available
Goldberg Jay M -- Stewart Title
Goldberg Jay M -- Stewart Title
Goldberg Jay M -- --
Goldberg Jay M -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rlc Holdings Corp $372,000
Previous Owner Rlc Holdings Corp $155,400
Previous Owner Goldberg Jay M $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $259,000 +3.6% $210 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $250,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,920 $306,596 $92,333 $214,263
2024 $3,920 $300,585 $90,523 $210,062
2023 $3,848 $294,693 $88,749 $205,944
2022 $3,676 $288,915 $87,009 $201,906
2021 $3,628 $283,251 $85,303 $197,948
2019 $3,524 $274,852 $82,774 $192,078
2018 $3,433 $269,463 $81,151 $188,312
2016 $3,275 $259,000 $78,000 $181,000
2015 $628 $36,906 $12,725 $24,181
2014 -- $36,184 $12,476 $23,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15131458

California Regional Multiple Listing Service (CRMLS)

APN: 5120-014-020